Polar Power, Inc. (POLA) Revenue History
Annual and quarterly revenue from 2014 to present
POLA Revenue Over Time (2014–2025)
POLA Revenue Growth History
5 of 11 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- +31.6%
- FY2016 revenue growth
- +233.0%
- FY2017 revenue growth
- -36.8%
- FY2018 revenue growth
- +66.8%
- FY2019 revenue growth
- +3.1%
- FY2020 revenue growth
- -63.6%
- FY2021 revenue growth
- +87.1%
- FY2022 revenue growth
- -5.0%
- FY2023 revenue growth
- -4.8%
- FY2024 revenue growth
- -8.7%
- FY2025 revenue growth
- -54.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.7M | +0.3% |
| Q4 2025 | $600K | -77.1% |
| Q3 2025 | $1.3M | -74.1% |
| Q2 2025 | $2.7M | -41.9% |
| Q1 2025 | $1.7M | -2.9% |
| Q4 2024 | $2.6M | -27.3% |
| Q3 2024 | $4.9M | +157.1% |
| Q2 2024 | $4.7M | -16.6% |
Multi-year avg. share of annual revenue by fiscal quarter
POLA Revenue Analysis (2014–2025)
Current Revenue & Growth
As of June 30, 2026, Polar Power, Inc. (POLA) generated trailing twelve-month (TTM) revenue of $6.3 million, reflecting modest growth of +0.3% year-over-year. The most recent quarter (Q1 2026) recorded $1.7 million in revenue, up 188.0% sequentially.
Historical Growth Trajectory
POLA's 5-year compound annual growth rate (CAGR) stands at -6.9%, indicating revenue contraction over this period. The 3-year CAGR of -26.8% is below the 5-year average, signalling a growth deceleration in recent years. Polar Power, Inc.'s highest annual revenue of $24.8 million was recorded in 2019.
Peer Comparison
Compared to Industrials sector peers — including GNRC (-0.5% YoY), ACHR, and PESI (-0.9% YoY) — POLA has underperformed the peer group in revenue growth. Compare POLA vs GNRC →
POLA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| POLACurrent | $6M | +0.3% | -6.9% | -126.4% | |
 GNRC | $4.2B | -0.5% | +11.1% | 6.9% | |
 ACHR | $300,000 | - | - | -243100.0% | |
 PESI | $62M | -0.9% | -10.2% | -19.0% | |
 GTLS | $4.3B | -1.5% | +29.4% | 15.2% | |
 BLDP | $101M | +46.3% | -0.5% | -80.6% |
POLA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.3M | -54.9% | $-3,156,000 | -50.1% | $-7,968,000 | -126.4% |
| 2024 | $14.0M | -8.7% | $1.3M | 9.4% | $-4,375,000 | -31.3% |
| 2023 | $15.3M | -4.8% | $695K | 4.5% | $-5,990,000 | -39.2% |
| 2022 | $16.1M | -5.0% | $2.1M | 13.2% | $-5,533,000 | -34.5% |
| 2021 | $16.9M | +87.1% | $3.4M | 20.4% | $-3,098,000 | -18.3% |
| 2020 | $9.0M | -63.6% | $-5,623,000 | -62.3% | $-12,964,000 | -143.6% |
| 2019 | $24.8M | +3.1% | $4.9M | 19.8% | $-3,981,477 | -16.1% |
| 2018 | $24.0M | +66.8% | $7.4M | 30.9% | $-1,098,788 | -4.6% |
| 2017 | $14.4M | -36.8% | $4.8M | 33.6% | $-721,960 | -5.0% |
| 2016 | $22.8M | +233.0% | $10.2M | 44.7% | $7.4M | 32.5% |
| 2015 | $6.8M | +31.6% | $2.4M | 35.2% | $307K | 4.5% |
| 2014 | $5.2M | - | $1.9M | 36.8% | $965K | 18.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
POLA — Frequently Asked Questions
Quick answers to the most common questions about buying POLA stock.
Is POLA's revenue growth accelerating or slowing?
POLA revenue growth is slowing. TTM revenue is $6M, up +0.3% year-over-year — below the 5-year CAGR of -6.9%. The deceleration suggests maturing end-markets or increased competition.
What is POLA's revenue history from 2014 to 2026?
Polar Power, Inc. (POLA) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $6M, growing at +0.3% YoY. The 5-year CAGR is -6.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is POLA's long-term revenue growth rate (CAGR)?
Polar Power, Inc.'s 5-year revenue CAGR of -6.9% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +0.3% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for POLA.
Why does POLA's quarterly revenue fluctuate?
POLA quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Polar Power, Inc.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is POLA's revenue distributed by segment?
POLA reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does POLA's revenue compare to industry peers?
Polar Power, Inc. (POLA) with TTM revenue of $6M and +0.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.